The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
600 jobs Number of planned job creations
Announcement Date
7 May 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Vulcan Bucharest, a Romanian manufacturer of steam generators, has announced that it to create 600 new jobs for qualified workers in 2008. This business expansion involves an investment of EUR 25 million over the next three years. In 2007, the turnover of the company increased by 58% and it is expected that it will increase by 30% by 2010.
Sources
8 May 2008: Ziarul Financiar
Citation
Eurofound (2008), Vulcan, Business expansion in Romania, factsheet number 66605, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66605.
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